SCHEDULE 13G/A: Ayrton Capital and Alto Opportunity Master Fund Disclose Passive 0.10% Stake in Trio Petroleum Corp.

Ayrton Capital LLC, Alto Opportunity Master Fund, SPC Segregated Master Portfolio B, and Waqas Khatri have jointly disclosed a passive beneficial ownership of 0.10% in Trio Petroleum Corp.'s common stock as of December 31, 2024.

Summary

• Ayrton Capital LLC, Alto Opportunity Master Fund, SPC Segregated Master Portfolio B, and Waqas Khatri (collectively, the "Reporting Persons") have filed a Schedule 13G/A, disclosing their beneficial ownership in Trio Petroleum Corp.
• As of December 31, 2024, the Reporting Persons collectively beneficially own 38,496 shares of Trio Petroleum Corp. common stock.
• This ownership represents 0.10% of the Issuer's outstanding common stock.
• The total beneficial ownership includes 1,265 shares of common stock directly held and 37,231 shares issuable upon the exercise of certain warrants.
• The warrants are subject to a 9.99% beneficial ownership blocker.
• The percentage of class is calculated based on 50,578,238 shares of common stock outstanding as of September 24, 2024, as reported in the Issuer's Form 424B5.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing (Schedule 13G) disclosing passive beneficial ownership. It contains factual information about shareholdings and does not convey positive or negative sentiment regarding the company's performance or future prospects.

Industry Context

This Schedule 13G filing is a routine disclosure of passive beneficial ownership by investment entities and an individual in Trio Petroleum Corp. It does not provide specific insights into broader industry trends but reflects standard investment activity within the financial sector, where funds and investment managers acquire stakes in publicly traded companies.

Stakeholder Impact

• This filing indicates a minor, passive ownership stake by investment entities, which has negligible direct impact on shareholders, employees, customers, suppliers, or creditors of Trio Petroleum Corp. It primarily serves as a transparency measure for the market regarding the ownership structure.

Key Dates

Keywords

Trio Petroleum Corp., Common Stock, Schedule 13G, Beneficial Ownership, Ayrton Capital LLC, Alto Opportunity Master Fund, Waqas Khatri, SEC Filing, Investment Management, Passive Investment